Dennis W. Zank Joins Iteris Board of Directors
Finance Leader to Enhance Company’s Strategic and M&A Expertise
Before stepping down as COO of
“We are very pleased to have Dennis join
“Iteris enables safer, more efficient transportation and more sustainable farming with technology solutions that address smart mobility and digital agriculture,” said Mr. Zank. “I am excited to serve on the board of a company that is solving key global challenges to ultimately saves lives, feed the world, and make transportation and agriculture more sustainable.”
Mr. Zank has also served in a number of financial and operational management positions at
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," “outlooks,” “target,” "plans," "seeks," "estimates," "may," “should,” "will," "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the future growth and development. Such statements are not guarantees of future performance and are subject to risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, our reliance on managing Board continuity and effectiveness by integrating and retaining independent directors, like Mr. Zank; the early stage of our weather analytics business and related risks, including related to being able to grow it and attain profitability in that business; our ability to provide the services and deliverables on a cost-effective basis; government funding and budgetary issues, and potential impacts related to funding delays; changes in scheduling and/or requirements related to the project; availability of resources, such as components and equipment necessary to perform the work for the project; the impact of general economic, political, and other conditions in the markets we address; and the potential impact of product and service offerings from competitors and such competitors’ patent coverage and claims. Further information on
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